Malaysian inflation up 3.2%

Malaysian inflation up 3.2%

KUALA LUMPUR (AFP): Malaysia's annual inflation, measured by
the consumer price index, grew 3.2 percent between January and
March over the first quarter of last year, a government report
said yesterday.

The higher inflation rate was largely due to sharp increases
in the prices of food, gross rent, fuel and power prices, a
statistics department report said.

It said inflation for March alone was also up 3.2 percent
compared to the same month last year.

The statistics department, however, said inflation in March
was down 0.1 percentage point over the preceding month of
February.

Officials have projected an inflation growth of below four
percent for calendar 1995, compared to the 3.7 percent rise seen
in 1994.